Pennon Group Plc (OTCMKTS:PEGRY) Stock Short Interest Falls 88.2%

Pennon Group Plc (OTCMKTS:PEGRY) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 540 shares, a decline of 88.2% from the September 30th total of 4,574 shares. Based on an average daily trading volume, of 27,105 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Pennon Group Price Performance

Shares of OTCMKTS:PEGRY remained flat at $9.71 during trading on Wednesday. The stock had a trading volume of 4,264 shares. Pennon Group has a one year low of $8.79 and a one year high of $16.35. The stock has a fifty day moving average price of $11.39 and a two-hundred day moving average price of $13.32.

About Pennon Group

Pennon Group plc is a United Kingdom-based environmental infrastructure company focused primarily on regulated water and wastewater services. Through its water businesses, the group provides drinking water, sewerage, wastewater treatment, and related services to households, businesses, and other organizations.

Its principal subsidiary, South West Water, serves customers across Devon, Cornwall, the Isles of Scilly, and parts of Dorset. Pennon also owns Bristol Water, which supplies customers in Bristol and surrounding areas, and SES Water, serving parts of Surrey and neighboring communities.